Trailing Dividend / Share
$1.54
Telefônica Brasil S.A. (VIV) Dividend History
Income profile from 1999 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
1.8%
Payout Ratio
45.6%
Sustainable
Dividend Streak
1 years
3-Second Income Check
Safety
45.6% payout ratio with sustainable safety profile.
Consistency
1 straight years of dividend increases.
Income Trend
Yield on cost is 5.9% and trend is falling.
Dividend Scorecard
Yield & Income
Dividend Yield1.8%
Trailing DPS$1.54
FrequencyAnnual
Payments / 12M11
Payout Safety
Earnings Payout45.6%
Earnings SafetySustainable
FCF Payout22.4%
FCF SafetyWell Covered
Piotroski F-Score7/9
Growth
Growth Streak1 years
3Y CAGR54.3%
5Y CAGR-14.8%
Yield on Cost (5Y)5.9%
YOC Trendfalling
Total Returns
Buyback Yield2.0%
Total Shareholder Yield3.7%
1Y Total Return111.8%
5Y Total Return147.3%
Div Contribution (5Y)29.4%
Estimated $10K growth (return + dividends):
5Y ago$24,73310Y ago$24,13120Y ago$19,053
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). VIV's recent 5Y regime has been stronger than its full 10Y period, so 5Y can appear higher than 10Y.
Income Growth Story
Dividend per share and yield on cost over time (28 years of payments)
Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Telefônica Brasil S.A. distributes 45.6% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 22.4%, rated "Well Covered".
Piotroski F-Score: 7/9 — strong financial health.
Growth Track Record
VIV has raised its dividend for 1 consecutive year, with a 3-year CAGR of 54.3% and 5-year CAGR of -14.8%.
Total Shareholder Returns
Beyond cash dividends, VIV returns capital through share repurchases. The combined picture: 1.8% dividend yield, 2.0% buyback yield, 3.7% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 5.9% and is currently falling. The 5-year total return is 147.3%, with dividends contributing 29.4% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $24,131 today.
Recent Dividend Payments
Last 20 payments · Annual
TTM Total$1.06
Avg/Payment$0.0531
Latest Change-19.0%
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Feb 24, 2026Latest | $0.0321 | ↓ -19.0% | 2.37% | — |
| Dec 30, 2025 | $0.0396 | ↓ -1.3% | 4.30% | — |
| Nov 25, 2025 | $0.0402 | ↓ -7.7% | 4.65% | — |
| Oct 28, 2025 | $0.0435 | ↓ -6.7% | 4.36% | — |
| Sep 23, 2025 | $0.0466 | ↑ +61.7% | 4.08% | — |
| Aug 26, 2025 | $0.0288 | ↓ -21.8% | 3.70% | — |
| Jul 28, 2025 | $0.0369 | ↑ +65.8% | 4.41% | — |
| Jun 24, 2025 | $0.0222 | ↓ -59.5% | 4.63% | — |
Dividend Peer Comparison
Peer group: Integrated Telecom and Media Groups
#9 yield in peer group
Div Yield
1.8%
#9 of 9
Safety
Sustainable
45.6% payout
Streak
1Y
-14.8% 5Y CAGR
Total Shareholder
3.7%
#8 of 9
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
VIVTelefônica Brasil S.… | $27.0B | 1.8% | 45.6% | 1 | Sustainable |
VZVerizon Communicatio… | $211.4B | 5.4% | 66.9% | 10 | Watch |
TAT&T Inc. | $196.0B | 4.1% | 37.4% | 2 | Sustainable |
TBBAT&T Inc. 5.35% GLB … | $139.3B | 5.0% | 37.4% | 2 | Sustainable |
AMXAmérica Móvil, S.A.B… | $78.4B | 2.3% | 40.0% | 5 | Sustainable |
VODVodafone Group Publi… | $35.8B | 5.2% | — | 0 | Unknown |
1st BCEBCE Inc. | $24.5B | 11.0% | 10.5% | 2 | Sustainable |
2nd TEFTelefónica, S.A. | $24.4B | 8.5% | — | 0 | Unknown |
3rd TUTELUS Corporation | $21.4B | 5.6% | 1.5% | 5 | Sustainable |
Annual Dividend History
29 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.03 | — | 1 | — | — | — | 0.4% |
| 2025 | $0.51 | 23.9% | 11 | — | — | — | 5.9% |
| 2024 | $0.42 | -27.3% | 7 | $3.38 | 12.3% | 8.14x | 4.7% |
| 2023 | $0.57 | 307.7% | 10 | $3.03 | 18.9% | 5.30x | 6.5% |
| 2022 | $0.14 | -77.0% | 5 | $2.44 | 5.7% | 17.41x | 1.6% |
| 2021 | $0.61 | -46.8% | 7 | $3.71 | 16.4% | 6.09x | 6.9% |
| 2020 | $1.14 | 88.4% | 9 | $2.83 | 40.5% | 2.47x | 13.0% |
| 2019 | $0.61 | -38.5% | 4 | $2.96 | 20.5% | 4.87x | 6.9% |
| 2018 | $0.99 | 8.9% | 4 | $5.29 | 18.7% | 5.36x | 11.2% |
| 2017 | $0.91 | 179.9% | 7 | $2.56 | 35.4% | 2.82x | 10.3% |
See VIV's True Return
Price is only half the story. See total return with reinvested dividends.
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Start ComparisonFrequently Asked Questions
How much dividend does VIV pay per share?
Telefônica Brasil S.A. (VIV) pays a trailing 12-month dividend of $1.54 per share, with a current dividend yield of +1.8%. Payments are made Annual.
When is VIV's next ex-dividend date?
VIV's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. VIV typically pays dividends Annual.
Is VIV's dividend safe?
VIV's dividend safety is rated "Sustainable" based on an earnings payout ratio of +45.6% and FCF payout ratio of +22.4%. The 1-year growth streak provides moderate confidence.
How many years has VIV increased its dividend?
VIV has 1 consecutive years of dividend growth. The 5-year dividend CAGR is -14.8%.
How often does VIV pay dividends?
Telefônica Brasil S.A. pays dividends Annual. The trailing 12-month total is $1.54 per share. Dividend data on this page covers 27+ years from 1999 to 2026.
How much would $10,000 invested in VIV grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in VIV five years ago would be worth approximately $24,733 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is VIV's yield on cost for long-term holders?
VIV's yield on cost — the current dividend divided by the original purchase price — is +5.9% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +1.8% market yield, thanks to the lower original cost basis.